Auto industry stakeholders react to Interim Budget 2024
Following the announcement of Finance Minister Nirmala Sitharaman about not leading into a populist Interim Budget 2024, industry stakeholders see this as a positive sigh and hope the full Budget 2024 anticipated in July will bring in a sustainable roadmap.
Chandresh Sethia, Co-Founder, EVRE, “The Interim Budget’s bold focus on electric vehicles sparks a revolution in EV space, and that is a welcome move. It is heartening to see India at the forefront of this electrifying transformation. Improvement in our charging infrastructure will boost consumer confidence, and amplify adoption and growth of electric vehicles in the country. A focused approach will address concerns, and facilitate entrepreneurial opportunities for various ecosystem players involved in the supply and installation of EV chargers,
